How Will Aluminum Prices Perform This Week? SMM Reports

Published: Jul 24, 2017 12:00

Save

Without fresh output cut news, aluminum prices will continue hovering at highs this week, SMM predicts.

SHANGHAI, Jul. 24 (SMM) –Without fresh output cut news, aluminum prices will continue hovering at highs this week, SMM predicts.

SMM Aluminum Price Outlook for Q3 and Q4 2017

SMM sees SHFE 1709 aluminum trading between 14,300-14,550 yuan/tonne and LME aluminum between $ 1,910-1,945/tonne.

SMM Analysis: China Alumina Supply & Demand Balance in H2 2017

In domestic spot market, growing stocks will leave suppliers more eager to sell, while traders and downstream producers will be cautious about buying. Spot discounts will remain high at 140-160 yuan/tonne.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

aluminum prices SHFE aluminum prices LME aluminum prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Danantara Begins $5.8B Aluminum Smelter Project in West Kalimantan

[SMM Aluminum Express News] Danantara officially began construction on a major aluminum smelter and alumina refinery (SGAR) in Mempawah, West Kalimantan, on February 6, 2026. The total investment is Rp 87.7 trillion. The project, managed by Inalum and Antam, will have a 1-million-ton annual capacity.

1 hour ago

19 hours ago

2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

[SMM Analysis]2026 Arrangements for Secondary Aluminum Alloy Enterprises During Chinese New Year Break [SMM Analysis]

19 hours ago

Costs Drag Down Supply-Demand Pressure, Aluminum Auxiliary Material Prices Under Pressure and Weaken [SMM Analysis]

19 hours ago